With the rising interest rates and the Fed saying they will "taper off" the buying of MBS, we have seen mortgage rates skyrocket.
Hey Deer Point,
Wanted to see what you think of iShares MBS ETF (Ticker: MBB). I don't own it but it seems to have bottomed last June, which was lower than it's level in 2008. From what you say, you expect it to go even lower, is that your view?
Hey Deer Point,
Wanted to see what you think of iShares MBS ETF (Ticker: MBB). I don't own it but it seems to have bottomed last June, which was lower than it's level in 2008. From what you say, you expect it to go even lower, is that your view?